Check the tabs for the latest information about Strata Title Information and Owners Corporations in Victoria. Owners Corporations in Victoria were previously known as a Body Corporate. New information and links are added regularly. Be sure to check back to be kept up-to-date.
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Feature Article
What’s yours and what’s common property?
Strata managers regularly receive questions from strata lot owners about ‘what is mine’ or ‘where are the common property boundaries’?
Most Recent Strata Title Information Victoria Articles
VIC: What are the consequences of not having an asbestos report done on a old strata property? - Question: There has never been an asbestos report done on our 35 year old strata property. What are the consequences of not having an asbestos report done? We bought a villa in a 6 unit complex about 4 years ago. We don't have a professional Owners Corporation Manager and haven't had an annual general meeting for the past two years. To my knowledge, there has never been an asbestos report done on the 35-year-old property. What are the consequences of not having the report done? Answer: I recommend that you inform any person undertaking work to ensure that they obtain…
NAT: How do we start saving now for the next lift replacement in 25 years? - Question: We are going through a lift replacement costing $200,000 which hadn't been provided for. How do we start saving for the next lift replacement in 25 years time? Can you check my calculations? Lift replacement provision in the sinking fund. We are going through lift replacement at our high rise after 25 years. The cost is $200,000, which had not been provided for. We solved our problem using saved funds for painting which was due to be done in 2027 plus a $2,000 levy for this year. We will replace the painting money over the next 5 years at…
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